5 Bed Terraced House (Landed) for Sale in Avila Terrace

The valuation of the HDB Executive unit in Pasir Ris, with a remaining lease of 65 years, stands at an estimated value of $1,424,604, translating to a price per square foot of $528. This valuation indicates a significant premium in the current market, reflecting a 194% difference from the baseline, which is indicative of the strong demand and desirability of HDB properties in this area. Such an elevated valuation suggests that the unit is positioned above the market average, highlighting a robust appreciation trend within the Pasir Ris precinct.

The market dynamics for HDB properties in the vicinity are evidenced by a thorough analysis of 332 recent resale transactions, which reinforce the credibility of this valuation. With a model confidence rating categorized as high, there are compelling indicators that the Pasir Ris area continues to attract buyers seeking both investment opportunities and suitable living environments. The remaining lease of 65 years, while slightly shorter than the optimal duration for long-term investment, remains competitive given the current market climate, thus appealing to a broad spectrum of potential buyers who are increasingly valuing locations with strong community amenities and connectivity.